The Lender series publications are a series of easy to read and practical ‘how to’ guides aimed at assisting lenders with typical issues encountered when providing finance. The COVID-19 outbreak poses an array of cyber security challenges for lenders in Australia. The ACCC’s cyber monitor, ScamWatch, has reported a significant increase in cyber security incidents …
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The disruption of coronavirus Beyond the obvious health implications and concerns arising from the outbreak and spread of Coronavirus (COVID-19), the economic impacts of it are becoming increasingly apparent, and felt, as each day passes. An example of this is the Reserve Bank of Australia slashing interest rates to an unprecedented low of 0.5 percent, …
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The Lender Series publications are easy to read and practical ‘how to’ guides aimed at assisting lenders with typical issues encountered when providing finance. Summary Execution of finance documents by way of electronic signatures offers many potential benefits, particularly in relation to procuring signatures from key individuals, who inevitably, are travelling or overseas during a …
Continue reading “It’s a new decade – do financiers still need ‘wet ink’ signatures?”
The Lender series publications are a series of easy to read and practical ‘how to’ guides aimed at assisting lenders with typical issues encountered when providing finance. In the financing world, side deeds (sometimes also referred to as tripartite deeds, consent deeds or direct agreements) are frequently the source of robust negotiations between parties. This …
The ‘Lender series‘ publications are a series of easy to read and practical ‘how to’ guides aimed at assisting lenders with typical issues encountered when providing finance. Introduction The collapse of the Ralan Group provides a timely reminder of the protections and safeguards that financiers implement when funding residential development projects. This practical illustration of …
Continue reading “Ralan and pre-sale deposits – Key messages for financiers”
The ‘Lender series’ publications are a series of easy to read and practical ‘how to’ guides aimed at assisting lenders with typical issues encountered when providing finance. Mezzanine lenders On some transactions, mezzanine lenders play a crucial role to bridge the funding gap between equity and senior debt. Immediately post GFC, senior lenders became less …
Continue reading “What a mezzanine lender wants in an intercreditor deed”
